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Support for Finacial Service Survey Review

Office for National Statistics

This public procurement record has 1 release in its history.

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25 Aug 2026 at 13:21

UK7 - Contract Details Notice
Summary of the contracting process

The Office for National Statistics is procuring financial consultancy services to review and support its Financial Service Survey and related statistical data collections. The work is intended to improve the quality of data received through those collections. The appointed company is expected to bring experience of supporting the Bank of England with regulatory and statistical data collections and to apply similar expertise to ONS requirements. The procurement covers a call-off arrangement, with individual work commissioned through statements of work. Delivery is across the United Kingdom. ONS is a central government public authority based in Newport, Wales, and is the buyer. The requirement is for specialist consultancy rather than the supply of financial products, software or general administrative services.

This procurement has been completed and awarded through a direct, below-threshold procedure without competition. The contract was awarded to PROFYLR LIMITED and signed on 20 August 2026. Its value is £120,000 excluding VAT, or £144,000 including VAT. The contract runs from 1 September 2026 to 31 August 2028, with a possible extension of up to six months, ending no later than 28 February 2029. It is a call-off contract whose overall value covers potential work commissioned after the initial statement of work. The award covers one lot and the contract is active. The procurement category is services, specifically financial consultancy services.

This award indicates demand from ONS for a specialist consultancy able to improve the quality of financial and statistical survey data, rather than simply collect information. A credible competitor for a future requirement would need demonstrable experience supporting regulatory or official statistical data collections, particularly work comparable to that carried out for the Bank of England. Relevant capability would include understanding the needs of data providers, reviewing collection processes, identifying causes of poor-quality returns and implementing practical improvements. Suppliers should also be able to deliver flexibly through statements of work under a call-off arrangement, manage specialist assignments for a central government organisation and show that their team can translate financial-sector expertise into reliable national statistics. The incumbent is an SME, indicating that this type of specialist service can be delivered by a smaller consultancy.

How relevant is this notice?

Notice Information

Notice Title

Support for Finacial Service Survey Review

Notice Description

Procurement is to work with a company (Profylr) who have experience of working with the Bank of England to help support their regulatory and statistical data collections, to see if they can similarly support our statistical data collections to improve the quality of data we receive via those collections This will be a call-off contract and will be produced of a SOW basic. the overall value is to cover the potential contract value put through this contract after the first initial SOW is complete.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06eb95
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/080847-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Below threshold - without competition
Tender Suitability
Not specified
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66171000 - Financial consultancy services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£120,000 £100K-£500K

Notice Dates

Publication Date
25 Aug 2026Yesterday
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
20 Aug 20261 weeks ago
Contract Period
1 Sep 2026 - 31 Aug 2028 2-3 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Complete
Awards Status
Active
Contracts Status
Active

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Office for National Statistics
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
NEWPORT
Postcode
NP10 8XG
Postcode Area
Newport
Country
Wales
Major Region (ITL 1)
TLL Wales
Basic Region (ITL 2)
TLL5 South East Wales
Small Region (ITL 3)
TLL54 Monmouthshire and Newport
Delivery Location
Not specified
Local Authority
Newport
Electoral Ward
Tredegar Park and Marshfield
Westminster Constituency
Newport West and Islwyn

Supplier Information

Number of Suppliers
1
Supplier Name

PROFYLR LIMITED

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts.

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